Puerto Vallarta News

Puerto Vallarta News

delta-aeromexico

Mexico watchdog approves Aeromexico-Delta joint venture

Mexico's federal competition commission (Cofece) approved Aeromexico's $1.5 billion joint venture with Delta with certain conditions, Aeromexico said in a filing on Monday. Grupo Aeromexico SAB de CV and Delta Airlines Inc are seeking a broad alliance and had asked Cofece for antitrust immunity in order to coordinate flight prices, capacity and schedules. The two carriers are still awaiting U.S. government approval. The tie-up ultimately will str…

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